163 W Division ST new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60610
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12392762
Year Built 1973
Annual Tax Amount $52,912
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
Presenting a rare chance to acquire a portfolio of five fully furnished residential condominiums and two prime commercial storefronts in a premier Gold Coast location-one of the city's most desirable and high-traffic intersections. This offering includes: Two street-level commercial units totaling 1,560 sq. ft., currently leased to a restaurant. Five 1- and 2-bedroom residential condos fully furnished and operating as successful Airbnb rentals. This grouping comprises over 19% ownership of the entire condominium association, providing a level of control rarely available to investors. With low property taxes and modest HOA dues, this is a high-margin, cash-flowing asset in one of Chicago's most prestigious neighborhoods. Opportunities like this-especially in such a strategic location-are increasingly rare. Don't miss your chance to secure a stake in the future of the Gold Coast.
Location
State IL
County Cook
Area Chi - Near North Side
Zoning MULTI
Interior
Cooling Central Air
Building
Dwelling Type Mixed Use